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Sabotage

  • China's Tech Crackdown isn't ending anytime soon
  • Last year Jack Ma, the Alibaba Founder, gave a speech where he uttered a couple of very minor criticisms of the Chinese economic system. At the time of the speech, he was one of the richest and most famous people in China. In addition, Alibaba was one of the largest companies not just in China, but the world. If that wasn't enough, he was set to list another giant, the Ant Group, which was the ... ››› more
  • [30 July 2021]
  • When Transnet stumbles, this penny share profits
  • Transnet results are out - and they're shocking. The company had irregular expenditure of R10 billion for the year, losses on revaluations of R31.1 billion and a comprehensive loss for the year at R18.4 billion. On the back of this I'm sure you've seen trains being burned, looted or sabotaged during the last year or so. While this is a sad state of affairs, something we're getting more... ››› more
  • [30 October 2020]
  • Remember Load shedding?
  • Most people have notoriously bad memories. Less than a month ago, the entire country was going through one of the most serious bouts of load shedding we have ever had. Remember stage 6!!! Yet after just a few weeks of consistent power supply, many have forgotten what it felt like and that it can return any day now! Let's recap what happened in December. _______________________... ››› more
  • [14 January 2020]
  • The Return of the Tanker Wars
  • It's been like something out of a movie this month. I'd call the movie something like "The Return of the Tanker Wars". If you're old enough, you'll remember the 80s, when the oil tankers were targeted by US warships in the fight against Iran. Fast forward to today and already this year, we've seen six oil tankers that have been attacked in the Gulf of Oman and now near the U.A.E. ... ››› more
  • [24 June 2019]
  • How a hit comedy show predicted a new way to steal your cryptos
  • Have you ever heard of the hit US comedy show called Silicon Valley? It's centred around five “geeky” guys who develop a start-up company in the hopes of striking it big in Silicon Valley. If you're into tech, this is a TV show you should definitely be watching. It's not a serious show, but this last season in 2018, Silicon Valley predicted a major development in the world of crypto.... ››› more
  • [26 June 2018]
  • Dangerous ways to pay off your debt
  • We know you're in a terrible hurry to get rid of debt. But certain debt reducing strategies may be more detrimental than beneficial. Don't choose the quick and easy way out because it rarely works. Here are some debt reducing strategies that are dangerous to your financial well-being. 1. Borrowing money from your retirement account   Paying off your current debt may be on top of your to-do... ››› more
  • [20 November 2014]
  • How the extinction of the African Dinosaur will make you rich
  • Nothing maims an economy like a dictator. The least free countries are also the most economically backward. So businesses can't turn a profit when a dictator is in charge! In the past, dictators tended to stay in power until turfed by a violent revolution… Or until they died. These "African Dinosaurs" sabotage investment prospects on the continent. But all that is changing. They a... ››› more
  • [15 October 2013]
  • In 2015, South Africa will run out of coal
  • Power outages affected large parts of Johannesburg at the beginning of September. This was down to sabotage by City Power workers. But it looks like it could be a major issue across South Africa by 2015. An industry study says that come 2015, Eskom faces a massive shortfall of coal to fuel its power stations. Let's take a closer look at what's going on… We all know what it’s like to experien... ››› more
  • [02 October 2013]
  • How to get rich when the lights go out in Johannesburg
  • On Thursday last week, the lights went out in Johannesburg. The skyline was dark... elevators froze between floors…hospital machines gave a blip and died...computer terminals went blank. This time Johannesburg had a blackout because workers sabotaged our power supply. And the lights came back on again eventually. But what if I told you that we're approaching an event so severe that... ››› more
  • [13 September 2013]
  • Is City Power the victim of sabotage?
  • Following blackouts that hit large areas of Johannesburg last week, City Power has pointed the finger at disgruntled employees. This happened after workers embarked on a wildcat strike in a stand against shift changes last Wednesday. Let's take a closer look at what's going on… Johannesburg’s City Power says that is will take “tough action… against employees” who are found to have play... ››› more
  • [09 September 2013]
  • Yet more problems for Eskom as violence erupts at Medupi
  • More delays hit the new Medupi power plant that Eskom is building. Earlier today, workers began a protest, which turned violent. Let's have a closer look at what happened… This morning saw a “group of between 500 and 1,000 workers” protesting at Eskom’s Medupi power station, reports Fin24. The protest turned violent “with stone throwing and damage to two vehicles,” says Bloomberg.... ››› more
  • [24 July 2013]
  • Sasol's new gas-powered plant shows Eskom how it's done
  • South Africa's power supply is under huge strain. And with news that there's going to be a delay in getting Eskom's Medupi Power Station on line, it's clear the country's current electricity deficit is only going to get worse. Now Sasol's latest gas powered plant is putting the electricity giant to shame by showing Eskom how to complete a project ahead of schedule… Eskom made waves on Monday ... ››› more
  • [12 July 2013]
  • Is sabotage to blame for the delay at Medupi?
  • After Eskom's announcement yesterday that further delays have hit its Medupi plant, news is emerging that sabotage of the project is to blame. Now Eskom claims it's seeking financial reimbursement for the delays at the new power plant. This setback brings with it a higher risk of power shortages, a reality that we're all too familiar with. Let's see what's going on… Earlier today, the accusati... ››› more
  • [09 July 2013]
  • Revealed: A unique way to profit from oil as petrol prices crush consumers at the pump
  • Shell has shut down an oil line that's been hit repeatedly by oil thieves seeking crude for sale on the black market. This is likely to set the oil price soaring even higher as supply tightens and demand rises further. Here's how you can take advantage by making sure you've added oil to your investment portfolio. Consumers are reeling from last night’s petrol price hike.   It’s proof... ››› more
  • [06 March 2013]


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